Holiday Humor

Click here for Economix's 2008 year-end financial-and-economic humor round-up.

Click here for The Big Picture's review of 2008 investment forecast guides.

BusinessWeek's #3 Worst Prediction About 2008:

"I think this is a case where Freddie Mac (FRE) and Fannie Mae (FNM) are fundamentally sound. They're not in danger of going under…I think they are in good shape going forward."
—Barney Frank (D-MA), Chairman of the House Financial Services Committee, July 14, 2008

Two months later, the government forced the mortgage giants into conservatorships and pledged to invest up to $100 billion in each.